Article

Cuyahoga county informal commercial real estate valuation appeal window open

July 10, 2024

Cuyahoga County commercial real estate properties are currently undergoing the sexennial reassessment in Ohio. The informal notices of reassessed value have been sent to property owners and investors, opening the window of appeal. All informal appeals for tax year 2024, payable in 2025, must be submitted to the Cuyahoga County Assessor’s office by Aug. 30, 2024. After this date, values are solidified and your only course of action is to file a complain with the Board of Revision between Jan. 1, 2025 and March 31, 2025.

Under Ohio state law, counties are required to complete a county-wide reappraisal of commercial, industrial, and residential properties every six years. View the complete reappraisal schedule for all 88 counties in Ohio, including which counties are being reassessed alongside Cuyahoga, here.

With an office located directly in Cleveland, Ohio, Baker Tilly is intricately familiar with navigating the sexennial appeal cycle in Cuyahoga County and the rest of the state of Ohio. Due to the unique nature of the reappraisal cycle, we highly recommend seeking the partnership of an experienced property tax consultant when navigating your informal reassessment appeal. As a reminder, Cuyahoga County commercial real estate has not been reappraised since 2018, so property owners and investors can expect sizable increases on their notices of value, worthy of an appeal.

The information provided here is of a general nature and is not intended to address the specific circumstances of any individual or entity. In specific circumstances, the services of a professional should be sought. Tax information, if any, contained in this communication was not intended or written to be used by any person for the purpose of avoiding penalties, nor should such information be construed as an opinion upon which any person may rely. The intended recipients of this communication and any attachments are not subject to any limitation on the disclosure of the tax treatment or tax structure of any transaction or matter that is the subject of this communication and any attachments.